Ask a New Question

Perfect competition is described at its 1. worst 2. most efficient 3. totally outdated in understanding real economic world or 4. both 1 and 2.

Who is describing perfect competition?

Ask a New Question or answer this question.

Similar Questions

What is an exception to the general idea that markets lead to an efficient allocation of resources?imperfect competition perfect
1. 1 answer
The highest degree of product differentiation is found in which of the following types of market structures?a monopolistic
1. 1 answer
In monopolistic competition, how does product differentiation and advertising affect consumer choices and market dynamics? (1
1. 1 answer
Two laughing gulls are fighting over a sandwich left on the beach by a swimmer. This is an example of _________.(1 point)Respons
1. 3 answers

more similar questions